JCPenney’s June Sales Growth Slows Vs. Year-Ago

July 6, 2006

Comparable store sales for Penney’s increased 4.3 percent, as compared to a 7.4 percent gain in last year’s June period, while the company’s direct sales were up 6 percent vs. 9.1 percent a year ago. Internet sales rose 27 percent vs. 40 percent last year.

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